Funding arb · Price arb /

NXPC

all NXPC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against KuCoin+0.122%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$841as in the Funding arb table

Net, price: spread back to 7d avg − costs−$825as in the Price arb table

costs, in and out, $10k−$8368.358% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.122%, 7d avg +0.018%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.103% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NXPCUSDTM	0.2463	0.0100	pay 0.0050% / 4h	1h 14m	$565K	$159K	50x
Short	Gate NXPC_USDT	0.2466	0.0100	get 0.0100% / 8h	5h 14m	$96K	$238K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.122%Rate

Funding earned: $0
Price spread: +0.122% → +0.018%: $10.35
Slippage, 4 orders: −$808.84
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$825.5
Costs to cover: 8.358%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; Gate: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 9 min ago	10.11 bp	221.2 bp −$221	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 28 min ago	6.07 bp	17.6 bp −$18	doesn't fit	doesn't fit	doesn't fit

NXPC on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX NXPC-USDT	+0.0070%	4h	0.2465	+0.081%	—	$6.6M	—	as long as short
Hyperliquid NXPC	+0.0100%	1h	0.2460	−0.106%	$385K	$382K	3x	as long as short
Binance NXPCUSDT	+0.0100%	4h	0.2465	+0.081%	$4.7M	$7.5M	50x	as long as short
Bybit NXPCUSDT	+0.0100%	4h	0.2464	+0.041%	$1.2M	$2.5M	25x	as long as short
Gate NXPC_USDTshort	+0.0100%	8h	0.2466	+0.122%	$96K	$238K	50x
MEXC NXPC_USDT	+0.0100%	4h	0.2464	+0.041%	$520K	$222K	100x	as long as short
KuCoin NXPCUSDTMlong	+0.0100%	4h	0.2463	long leg	$565K	$159K	50x
Bitget NXPCUSDT	+0.0100%	4h	0.2466	+0.122%	$459K	$861K	50x	as long as short
Variational Omni NXPC	+0.0100%	4h	0.2464	+0.041%	$29K	$2K	—	as long as short
ApeX Omni NXPCUSDT	+0.0100%	1h	0.2470	+0.284%	$18K	$633K	50x	as long as short